Yorkshire Water Seals Deal in Leeds
PROPERTY WEEK
01.12.09
By Jennifer Rigby
Yorkshire Water has taken 57,000 sq ft in Leeds in the city centre’s largest deal for five years.
The water company has taken the space at GE Capital Real Estate’s Livingstone House, Clarence Dock, as revealed by Property Week (13.11.09).
It is thought that the quoting rent on the building is £19.50/sq ft. Yorkshire Water has taken a 10 year lease on the part ground and floors 2-5 inclusive at the 71,955 sq ft building. The building, part of the wider £250m Clarence Dock waterfront scheme in Leeds, will be the base for its newly created asset delivery team, consisting of 550 staff.
Charlie Haysom, head of Yorkshire Water's asset delivery team, said: "Yorkshire Water is a major investor in the region and this move is another example of how the company continues to benefit local economies."
CB Richard Ellis and WSB are letting agents at Livingstone House. Ryden advised Yorkshire Water.
